Case Study: Financial Software Company achieves API-led transformation and doubles customer base with MuleSoft

Transforming an Industry Leader with APIs

This Mountain View–based Fortune 1000 financial software provider serves 60 million small businesses, accounting professionals and consumers and integrates with 40% of the world’s banks. By 2008 the company’s disconnected architecture and slow IT processes were stifling innovation and product velocity, so it set out to service-enable applications and data, API-enable those services, and reorganize development into small agile teams.

The company implemented Mule ESB and MuleSoft’s Anypoint Platform to create a service layer and easy-to-consume APIs for internal teams, mobile/web initiatives and third-party developers. The change dramatically sped development and scaled operations: customer base doubled from 30M to 60M, patents grew 10x, new APIs are built in hours instead of weeks, the platform processes ~85–90M transactions per day with 99.99% success, and recent product launches generated over $100M in revenue.